Latest Book

Reclaiming the State: A Progressive Vision of Sovereignty for a Post-Neoliberal World to be published by Pluto Books (UK) on September 15, 2017.

The crisis of the neoliberal order has resuscitated a political idea widely believed to be consigned to the dustbin of history. Brexit, the election of Donald Trump, and the neo-nationalist, anti-globalisation and anti-establishment backlash engulfing the West all involve a yearning for a relic of the past: national sovereignty. In response to these challenging times, economist William Mitchell and political theorist Thomas Fazi reconceptualise the nation state as a vehicle for progressive change.

They show how despite the ravages of neoliberalism, the state still contains resources for democratic control of a nation's economy and finances. The populist turn provides an opening to develop an ambitious but feasible left political strategy. Reclaiming the Nation State offers an urgent, provocative and prescient political analysis of our current predicament, and lays out a comprehensive strategy for revitalising progressive economics in the 21st century.

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Eurozone Dystopia: Groupthink and Denial on a Grand Scale

Published by Edward Elgar (UK) in May 2015.

The book traces the origin of the Eurozone and shows how the historical Franco-German rivalry combined with the growing dominance of neo-liberal economic thinking to create a monetary system that was deeply flawed and destined to fail. It argues that the political class in Europe is trapped in a destructive groupthink which prevents it from seeing their own policy failures. Millions are unemployed as a result and the member states are caught in a cycle of persistent stagnation and rising social instability.

You can get a special 35 per cent author's discount - please go to the Elgar on-line shop and use the Discount Code VIP35.

Paperback version of the book now available (from June 2016) for £32.00.

Modern Monetary Theory and Practice: An Introductory Text

This edition contains 15 Chapters and is designed as an introductory textbook for university-level macroeconomics students. All mathematical and advanced material appears in separate Appendices.

It is based on the principles of Modern Monetary Theory (MMT) and includes the following detailed chapters:

An expanded edition covering both the introductory and intermediate years of university-level macroeconomics (first and second years of study) will be published around mid-2016. It will contain an additional 10 Chapters and include more advanced material as well as the same material presented in this Introductory text.